Sprintlaw completes $1.2m cap raise

Sprintlaw completes $1.2m cap raise

26 December 2019 By Jerome Doraisamy

NewLaw firm Sprintlaw has secured over $1 million in its first equity capital raise.

Funding for the cap raise came from a collection of strategic angel investors, the firm said in a statement, and will be used to support its growth and development of proprietary tech solutions for the legal industry.


The news follows Lawyers Weekly’s coverage of the firm’s new in-house solution, Sprintlaw Counsel, which at the time the firm said is “designed to provide a cost-effective solution for in-house legal teams, law firms and corporate businesses for ‘business as usual’ legal work such as contract reviews, contract drafting and corporate advice”.

Following this funding round, Sprintlaw will continue its growth and expand its tech development, it said.


Firm co-founder Alex Solo said: “We’re excited to welcome our new investors on board as we enter our next phase of growth.

“The funding will enable us to build on our success so far by investing in developing more innovative legal tech, improving our service offering and growing our client base.”

Sprintlaw completes $1.2m cap raise
Intro image
lawyersweekly logo
The Women in Law Awards is the benchmark for excellence, recognising the empowering women influencing the Australian legal profession, celebrating the female leaders, role models and future champions of the industry. Register for the waitlist today for the opportunity to attend this remarkable awards ceremony and network with top legal professionals and fellow peers.
Visit womeninlaw.com.au